#THETA

The market tells you what it's doing.

Given the long drawn out correction on THETA, I'm changing my count to to this as a wave 4 instead of the more bullish interpretation of a nested 1-2.

The count implies that wave 5 should resolve somewhere between $5.30 and $6.40 should it follow the ideal Fibonacci levels.

Good Luck.
Elliott WavePivot PointsTrend Analysis

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